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300 S Main Street
Rochelle IL 61068 US

$990,000

Active Listing ID 12726018
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16 bed
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16.00 Bath (16 Full)
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Lot: 0.61 Acres
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Other

$990,000

Active Listing ID 12726018
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300 S Main Street An outstanding opportunity to acquire a well-maintained 16-unit multifamily asset comprised of a 12-unit apartment building constructed in 1977 and an attached four-unit farmhouse originally built in 1910. This unique property offers a diverse unit mix, consistent occupancy, and a proven history of stable operations. The property has benefited from ongoing capital improvements, including new exterior deck stairs, updated Pergo flooring in many units, new tile bathroom flooring, and numerous interior updates completed throughout the years as units have turned over. Pride of ownership is evident, with continued investment in both the buildings and individual apartments. The 12-unit apartment building features individually metered electric heat, with tenants responsible for their own electric service. Ownership pays water, sewer, and trash. The attached farmhouse is served by hot water heat, with ownership paying heat, water, sewer, and trash, providing an efficient utility structure for the property. With a consistently low vacancy rate, this investment offers dependable cash flow, limited turnover, and strong long-term performance. The combination of steady occupancy, ongoing improvements, and attractive operating characteristics makes this an excellent opportunity for investors seeking a stable, income-producing multifamily asset with future upside potential.

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Property Features

  • Facts
  • Lot Size: 0.61 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 16
  • Cooling System: Window Unit(s)
  • Roof Type: Composition
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 990000
  • unparsedaddress: 300 S Main Street
  • postalcity: Rochelle
  • stateorprovince: IL
  • country: US
  • postalcode: 61068
  • bathroomsfull: 16
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.61
  • lotsizeunits: Acres
  • lotsizearea: 0.61
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.91731
  • longitude: -89.06366
  • listagentfullname: Sherry Murphy
  • listagentemail: smurphy@haydenreinc.com
  • listagentkey: 3yd-MREDIL-930075
  • listagentmlsid: 930075
  • listagentpreferredphone: (815) 562-2111
  • listagentofficephone: 8157614554
  • listofficekey: 3yd-MREDIL-93027
  • listofficemlsid: 93027
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1977
  • listingcontractdate: 2026-08-28
  • listagentfax: 8155627085
  • listagenturl: http://www.haydenreinc.com
  • countyorparish: Ogle
  • parcelnumber: 24252050010000
  • cooling: Window Unit(s)
  • constructionmaterials: Vinyl Siding, Brick
  • numberofunitstotal: 16
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 14, Bedroom 2, Bedroom 6, Bedroom 15, Bedroom 16, Bedroom 13, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 9, Bathroom 10, Bedroom 5, Bathroom 11, Bathroom 14, Bedroom 12, Bedroom 7, Bathroom 15, Bathroom 1, Bathroom 3, Bedroom 10, Bedroom 11, Bathroom 8, Bedroom 8, Bathroom 5, Bathroom 9, Bathroom 13, Bathroom 12, Bedroom 4, Basement, Bathroom 16, Bathroom 7, Bathroom 2, Bathroom 6
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -89.06366, 41.91731
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Listing Changed: 9/3/2026 5:07:02 AM GMT
Source Updated Date: 9/5/2026 12:48:41 PM GMT

Courtesy of: Sherry Murphy, Hayden Real Estate, Inc., smurphy@haydenreinc.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.